Alaska’s Shale Oil Tops Eagle Ford, Trails Bakken, U.S. Says
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Alaska’s North Slope shale formation may hold as much as 2 billion barrels of oil, the second-largest U.S. deposit of unconventional crude after the Bakken in North Dakota and more than the Eagle Ford in Texas.
The region may also hold as much as 80 trillion cubic feet of gas, the fourth-largest gas-shale deposit after Marcellus in the Northeast, Haynesville in Texas and Louisiana, and the Eagle Ford, the U.S. Geological Survey said today.